Discover the answers to your questions at Westonci.ca, where experts share their knowledge and insights with you. Discover the answers you need from a community of experts ready to help you with their knowledge and experience in various fields. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.
Sagot :
SOLUTION
The price of the car = $12,000
The depreciate by 10%
[tex]\begin{gathered} \text{ The depreciating value for the first year } \\ 12,000\times(\frac{10}{100})^1 \\ \text{Then} \\ 12,000\times0.1 \end{gathered}[/tex]Then
[tex]12,000-12,00(0.1)[/tex]Then
[tex]\begin{gathered} 12000(1-0.1) \\ 12,000(0.9) \end{gathered}[/tex]For the first year the depreciating value will be
[tex]12,000(0.9)[/tex]Base on the number of years, the exponential equation will be
[tex]\begin{gathered} f(x)=12,000(0.9)^x \\ \text{where } \\ x=\text{ number of years } \end{gathered}[/tex]Therefore
The exponential equation that represent the value of the car is
F(x)=12,000(0.9)^x
The price of the car in 5 yeras will be obtain by substituting x=5 into the equation above
[tex]\begin{gathered} f(x)=12,000(0.9)^x \\ \text{where x=5} \\ f(x)=12,000(0.9)^5=7085.88 \end{gathered}[/tex]The car will worth $7085.88 after 5 years
Similarly, The for 12 years we have x=12
[tex]f(x)=12,000(0.9)^{12}=3389.15[/tex]The car will worth $3389.15 after 12 years
Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.